Customs revenue jumps to $450m monthly since AI introduction
Revenue mobilised by the Customs Division of the Ghana Revenue Authority has increased significantly to approximately $450 million a month since the introduction of artificial intelligence systems. This increase is an indication of the positive impact of the modernisation of the country’s tax system. Commissioner General of the Ghana Revenue Authority, Anthony Kwasi Sarpong, disclosed […]
The Customs Division of the Ghana Revenue Authority has witnessed a substantial increase in revenue, now generating approximately $450 million monthly, since the implementation of artificial intelligence systems. This boost underscores the impact of modernizing Ghana's tax system. Commissioner General Anthony Kwasi Sarpong made this revelation during the West African Tax Administrators Forum in Ghana.
He highlighted that the authority has recently undergone a comprehensive modernization, focusing on valuation and classification, leading to immediate and significant results. The revenue collection has risen from around $350 million to $450 million a month, representing an increase of about $100 million each month. Sarpong emphasized that this transformation can be attributed to fair and accurate application of rules, backed by modern systems and professional integrity, without necessitating new taxes or higher rates.
He expressed optimism, stating that when political will, administrative reform, and digital innovation align, African revenue administrations can achieve transformative fiscal outcomes. The improvement in tax collections started in April following the installation of the AI system to support goods valuation at ports. This change has been a game changer for the Ghana Revenue Authority.
The 8th West African Tax Administrators Forum coincided with the association's 15th anniversary, and its theme for this year is "Building Stronger Tax Administrations for Revenue Mobilisation and Sustainable Development."
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